NOT LISTED FOR SALE

111 Island Hill Rd Palmyra, VA 22963

Estimated Value: $489,301 - $542,000

5 Beds
3 Baths
2,718 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $425,000 $156 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,045/month

35 Days on Market

Highlights

  • Home Office
  • Living Room
  • Bathroom on Main Level
  • 2 Car Attached Garage
  • Laundry Room
  • Central Air

About This Home

As of November 2022

OPEN HOUSE SUNDAY OCTOBER 16, 1:00 - 3:00 Gorgeous 5 bedroom home AND a home office. Open concept floor plan with granite counter tops, Large Island, gas cook stove and gourmet kitchen w/ luxury vinyl plank flooring. First floor guest bedroom suite with full bath. Spacious Owner's suite with private bath and TWO walk in closets. Easy access to the 2nd floor laundry room. Underground electric fence installed. Seller will leave collar and fencing. Also a 1 year old whole house water filtration system. Don't forget to watch the video tour!

Last Agent to Sell the Property

Sandy Morris

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE License #0225175332 Listed on: 09/15/2022

KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE

Last Buyer's Agent

JOYCE WASHINGTON

LONG & FOSTER - CHARLOTTESVILLE License #0225249570

LONG & FOSTER - CHARLOTTESVILLE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,209

Year Built

  • Built in 2021

Lot Details

  • 0.34 Acre Lot

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,718 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Home Office
  • Laundry Room

Bedrooms and Bathrooms

  • Bathroom on Main Level
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Front Facing Garage

Schools

  • Central Elementary School
  • Fluvanna Middle School
  • Fluvanna High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include area maint
  • $50 HOA Transfer Fee
  • Island Hill Subdivision, Hudson Floorplan

Listing and Financial Details

  • Assessor Parcel Number 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,209

Year Built

Built in 2021

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Type: Detached
  • Model Name: Hudson
  • Above Grade Finished Sq Ft: 2718
  • L V T Date: 09/16/2022
  • Parcel Number: 44
  • Price Per Sq Ft: 156.36
  • Property Excluded: All Curtains
  • Property Included: Gas stove, Refrigerator, Dish Washer, Microwave, Disposal, Washer, Dryer, 2 Bar stools
  • Total Sq Ft: 3148
  • Total Unfinished Sq Ft: 430
  • Type of Construction: On Site Built
  • Zoning: R Residential
  • Subdivision: ISLAND HILL
  • Comments: Yes
  • Concatenated Rooms1: |Living Roo1|Dining Roo1|Kitchen1|Home Offic1|Bedroom1|Full Bath1|Master Bed2|Master BTH2|Bedroom2|Bedroom2|Bedroom2|Full Bath1|Laundry2|
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Room 1: Living Room,On Level: 1
  • Room 2: Dining Room,On Level: 1
  • Room 3: Kitchen,On Level: 1
  • Room 4: Home Office,On Level: 1
  • Room 5: Bedroom,On Level: 1
  • Room 6: Full Bath,On Level: 1
  • Room 7: Master Bedroom,On Level: 2
  • Room 8: Master Bath,On Level: 2
  • Room 9: Bedroom,On Level: 2
  • Room 10: Bedroom,On Level: 2
  • Room 11: Bedroom,On Level: 2
  • Room 12: Full Bath,On Level: 1
  • Room 13: Laundry,On Level: 2
  • Total Finished Sq Ft: 2718
  • Above Grade Finished Sq Ft: 2718
  • Foundation: Concrete Slab
  • Level: 2 Story
  • Bathrooms: 3
  • Number of Main Level Bathrooms: 2
  • Number Beds: 5
  • Number Beds Main Level: 1
  • Full Bathrooms: 3
  • Room Types: Bedroom, Dining Room, Full Bath, Home Office, Kitchen, Laundry, Living Room, Master Bedroom
  • Room Types Level1: Bedroom (L1), Dining Room (L1), Full Bath (L1), Home Office (L1), Kitchen (L1), Living Room (L1)
  • Room Types Level2: Bedroom (L2+), Laundry (L2+), Master Bedroom (L2+)
  • Source of Sq Ft: Public Records

Exterior Features

  • Exterior: Vinyl
  • Number Of Acres: 0.34

Garage/Parking

  • Garage: Yes
  • Unfinished Above Grade Garage: 430
  • Garage Features: Attached, Electricity, Faces Front
  • Number of Car Spaces: 2
  • Total Above Grade Garage: 430

Utilities

  • Cooling: Central AC, Heat Pump
  • Heating: Propane
  • Cable Available: Cable, DSL
  • Sewer/Septic System: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA/COA Amenities: None
  • Association Setup Transfer Fee Type: $
  • Association Setup Transfer Fees: 50
  • Association Fee: HOA
  • Association Frequency: Annual
  • Association Includes: Area Maint
  • Association Fee: 350

Schools

  • Elementary School: Central (Fluvanna)
  • Middle School: Fluvanna
  • High School: Fluvanna

Building Info

  • Year Built: 2021

MLS Schools

  • HighSchool: Fluvanna
  • Middle School: Fluvanna
  • Elementary School: Central (Fluvanna)

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 18, 2022
Sold by
Kennedy Susan Marie
Bought by
Hocker Cicely Tennille and Brown Ray Allen
Seller's Agent
Sandy Morris
KELLER WILLIAMS ALLIANCE - CHARLOTTESVILLE
Buyer's Agent
JOYCE WASHINGTON
LONG & FOSTER - CHARLOTTESVILLE
List Price
$440,000
Sold Price
$425,000
Premium/Discount to List
-$15,000
-3.41%
Views
6
Current Estimated Value
$518,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,075
Avg. Annual Appreciation
5.30%
Original Mortgage
$417,302
Outstanding Balance
$405,886
Interest Rate
7.08%
Mortgage Type
FHA
Estimated Equity
$83,459

Purchase Details

Closed on
Dec 16, 2021
Sold by
Towne District Llc
Bought by
Nvr Inc
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hocker Cicely Tennille $425,000 Stewart Title Guaranty Company
Nvr Inc $78,000 Winn Benjamin C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hocker Cicely Tennille $417,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2022 11/29/22 Sold $425,000 -0.9% $156 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
09/29/2022 09/29/22 Price Changed $429,000 -2.5% $158 / Sq Ft
09/15/2022 09/15/22 For Sale $440,000 +12.2% $162 / Sq Ft
03/31/2022 03/31/22 Sold $392,225 -1.4% $144 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $397,770 -- $146 / Sq Ft
Source: Charlottesville area Association of Realtors®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,209 $427,900 $40,000 $387,900
2024 $3,510 $415,900 $40,000 $375,900
2023 $3,510 $415,900 $40,000 $375,900
2022 $174 $20,000 $20,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Charlottesville area Association of Realtors®

MLS Number: 634784

Charlottesville area Association of Realtors®

APN: 18 16 44